Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Iraq - 2022
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Iraq (CIF) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Iraq
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Iraq (CIF) - 2022
In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $32,423 per ton, jumping by 31% against the previous year. Overall, the import price showed significant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 122% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($259,500 per ton), while the price for Turkey ($7,058 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.0%).
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Iraq
Imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Iraq shrank notably to 142 kg in 2022, declining by -30.4% against 2021 figures. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of 204 kg, and then reduced dramatically in the following year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol reduced to $4.6K in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 21%.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 1.9 | 0% |
| China | 1.0 | 2.0 | 2.8 | 0.5 | -20.6% |
| Turkey | 0.6 | 1.3 | 1.9 | 0.4 | -12.6% |
| United Kingdom | 1.0 | N/A | N/A | N/A | 0% |
| India | N/A | 0.9 | 0.4 | N/A | -55.6% |
| Others | 0.9 | N/A | N/A | 1.9 | 28.3% |
| Total | 3.5 | 4.2 | 5.0 | 4.6 | 9.5% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Iraq in 2022:
- Turkey (52.0 kg)
- Netherlands (44.0 kg)
- China (2.0 kg)
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This report provides an in-depth analysis of the aromatic alcohols market in Iraq.
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This report provides an in-depth analysis of the alcohols market in Iraq.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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This report provides an in-depth analysis of the global alcohols market.
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This report provides an in-depth analysis of the aromatic alcohols market in Iraq.
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This report provides an in-depth analysis of the global aromatic alcohols market.
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